Vail Valley Works Inc

Nonprofit profile at a glance

EIN
872474601
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Edwards, CO, USA
Phone
9704761000
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Management & Technical Assistance

Official website

Reported finances

Revenue
$177,044
Expenses
$131,598
Assets
$60,549
Liabilities
$13,188

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • CHRIS ROMER (PRESIDENT)

People named in this filing

  • CHRIS ROMER (PRESIDENT)
  • MIKE BROWN (DIRECTOR)
  • COLTER BARNETT (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is formed for the prupose of helping to develop the workforce of eagle county, Colorado, to foster leadership in the workplace and to support apprenticeship programs and opportunties. Services provided are workforce development programming and certificate programming focused on up-skilling, re-skilling, and next-skilling. Services also include leadership and educational programming.

What it reported doing in 2024

2022 accomplishments: -trained 163 participants -offered 10 in-person trainings and 4 online trainings -developed new course for front-line managers (management essentials) -added a third session of community leadership academy to serve down-valley workforce -provided 2600 in scholarship assistance -provided 4900 in discounts for nonprofit organizations

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 82
  • Sustainability: 57
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.3%; rating input score 74
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 25.7%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 24.8% per year; rating input score 100; 80th percentile among comparable filings
  • Revenue growth: 39.7% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 121.2% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 74.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $132K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.